Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE

Alternate Symbol(s): CVE | CVE.WS | T.CVE.WT | T.CVE.PR.A | CNVEF | T.CVE.PR.B | T.CVE.PR.C | T.CVE.PR.E | T.CVE.PR.G

Energy Oil & Gas Integrated

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

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TSX:CVE - Post Discussion

Cenovus Energy Inc > Oil stocks just can't catch a bid these days...

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Post by downwithdotcom1 on Feb 08, 2024 11:41am

Oil stocks just can't catch a bid these days...

wow-oil has been moving higher ALL WEEK- BRENT is back above $81 USD and yet CVE can't catch a bid -its actually lower now then from a week ago.as said the few intergrated oils that have reported already had better than expected numbers-IMO raised their dividend 20%..just NO LOVE these days..ANYWAYS . as per their website :

Q4/annual presentation/CC next THURS, FEB 15th 11 am -meaning results out AFTER MARKET CLOSES on the 14th or BEFORE MARKETS OPEN on the 15th..

OT...ARC ENERGY ARX reports tonite -huge condensate producer so seen as a oily like producer..
WARM WEATHER is killing demand..latest nat inventories-75 Bcf draw..5 year historical was 193 Bcf..HH nat gas now down to $1.90 .. LESSON FOR THE KIDS-too much NAT GAS due to "DRILL BABY DRILL" nearly wiped out the shale oil producers , now if the nat gas producers dont adjust the same will happen to them..thing is are THE OILs about to repeat this again with ever growing US (and cdn) production?? thoughts welcome...dwdc

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